Real Estate Weekly
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Mergers and Acquisitions

Helmsley Spear joins international network of real estate affiliates

Helmsley Spear, LLC, has joined the CORFAC global real estate network as its newest domestic affiliate, serving clients in New York City.

CORFAC is a network of independently-owned commercial real estate firms with 60 offices in North America and 20 offices internationally.

“We’re excited to welcome Helmsley Spear, one of the most respected real estate companies in New York, to our network of best-in-class entrepreneurial brokerage firms,” said Andy Jaffe, President of CORFAC International.

“This addition enables us to provide the highest quality service to companies in Manhattan and around the world, which is essential to our growth as a global real estate brokerage network.”

“CORFAC members possess the same entrepreneurial spirit and hands-on principal involvement that we take pride in offering at Helmsley Spear,” said Kent M. Swig, President/Principal of Helmsley Spear. “Our clients had other options to obtain an international platform, but the quality, integrity, and ease of the CORFAC referral model and its members provided the best fit for our growth plans.”

Kent Swig

“CORFAC International provides the global platform that allows us to serve our New York-based clients when they have real estate needs in other cities,” said Scott M. Bloom, Executive Vice President/Principal of Helmsley Spear. “We also see a tremendous opportunity to assist other CORFAC members with client assignments in Manhattan and throughout New York.”

Established in 1866, Helmsley Spear is the oldest continuously operating real estate services firm in the United States.

Last week, the company moved its headquarters to the entire 44th floor at 599 Lexington Avenue.

The new 8,200 s/f space will accommodate growth at the company, according to Scott M. Bloom. executive vice president/principal.

“As Helmsley Spear continues to grow, this new office space will enable us to serve our fine roster of corporate clients, and provide a Class A work environment for our experienced and expanding professional team, “ said Bloom.

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